Fred L Pasternack Acquires Walk Up Cooperative In Upper East Side For $9.8M
3 East 93rd Street, New York City, New York 10128, United States
$9,800,000
$1,490/SF
Building Size
6,576 SF
Asset Type
Other
Closing
Jan 18, 2022
About this deal
AI
The walk-up cooperative located at 3 East 93 Street in the Upper East Side of Manhattan was sold on January 19, 2022. The property, zoned as R8B, was purchased for a total price of $9,800,000. The transaction involved the buyer, Fred L Pasternack, and the seller, Pierre E.Debbas.
Summary of transaction details
- Property Type: Walk Up Cooperative
- Transaction Amount: $9,800,000
Fred L Pasternack represented himself as the buyer in this transaction. Pierre E.Debbas, on the other hand, did not have a representative involved in the deal. The sale of this property in the Upper East Side of Manhattan showcases the demand in the local market for walk-up cooperatives.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Browse New York other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93